2022
Exports | Imports
$225M | $147kWorld Rnk 23 / 119
Flag Rnk 15 / 947
World Rnk 120 / 188
Flag Rnk 1030 / 1175
2022
ECONOMIC COMPLEXITY of Kuwait
0.16Rnk 53 / 124
2022
PRODUCT COMPLEXITY IN Semi-Finished Iron
-0.9Rnk 813 / 1025

About

Exports In 2022, Kuwait exported $225M in Semi-Finished Iron, making it the 23rd largest exporter of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 15th most exported product in Kuwait. The main destination of Semi-Finished Iron exports from Kuwait are: Saudi Arabia ($149M), Hong Kong ($53.6M), Turkey ($22.3M), Pakistan ($334k), and India ($272k).

The fastest growing export markets for Semi-Finished Iron of Kuwait between 2021 and 2022 were Saudi Arabia ($73.8M), Hong Kong ($53.6M), and Turkey ($22.3M).

Imports In 2022, Kuwait imported $147k in Semi-Finished Iron, becoming the 120th largest importer of Semi-Finished Iron in the world. At the same year, Semi-Finished Iron was the 1030th most imported product in Kuwait. Kuwait imports Semi-Finished Iron primarily from: United Arab Emirates ($86.1k), India ($42.1k), United Kingdom ($7.41k), Chinese Taipei ($5.95k), and Oman ($2.4k).

The fastest growing import markets in Semi-Finished Iron for Kuwait between 2021 and 2022 were India ($11.7k), United Kingdom ($7.41k), and Chinese Taipei ($5.95k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Semi-Finished Iron from Kuwait to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Semi-Finished Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$147k
NET TRADE (2022)$225M

In 2022, Kuwait exported $225M in Semi-Finished Iron. The main destinations of Kuwait exports on Semi-Finished Iron were Saudi Arabia ($149M), Hong Kong ($53.6M), Turkey ($22.3M), Pakistan ($334k), and India ($272k).

In 2022, Kuwait imported $147k in Semi-Finished Iron, mainly from United Arab Emirates ($86.1k), India ($42.1k), United Kingdom ($7.41k), Chinese Taipei ($5.95k), and Oman ($2.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semi-Finished Iron EXPORT MARKETS FOR Kuwait WERE (2021 - 2022):
Saudi Arabia$73.8M (98.4%)
Hong Kong$53.6M (1%)
Turkey$22.3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semi-Finished Iron BY Kuwait WERE (2021 - 2022):
China-$165M (-100%)
United Arab Emirates-$1.08M (-100%)
Pakistan-$417k (-55.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kuwait's main exporting competitors in Semi-Finished Iron were:
Russia $8.38B
Oman $3.44B
Brazil $3.42B
In 2022, Kuwait's main importing competitors in Semi-Finished Iron were:

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Trade Value of Semi-Finished Iron by Exporters

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